Published: 6/23/2026 9:09:12 AM

This is a news from the Finwire news agency Disclaimer


Finwire about Suntrade Group AB: Suntrade secures an additional 1.8 million for battery storage project

Suntrade has secured an additional SEK 1.8 million in revenue linked to the company’s battery storage project in Västmanland. This is stated in a press release.According to the company, this refers to a one-time revenue item in the form of an expanded investment from the international investors Power Storage Investment and Yago Energy. The investment follows the previously communicated deal regarding the project in Hulån. "The investors’ decision to expand their commitment is a strong sign of the trust that has been built through our work. We are seeing growing interest in energy storage projects and this investment strengthens both the project and our position ahead of future business opportunities. We believe the market is developing rapidly and that demand for the kind of projects Suntrade develops continues to increase," says CEO Daniel Hedström.

Read more about Suntrade Group AB